Nigeria’s Liquified Gas Export To U.S. Plunges To Zero In February

The United States has cut back on its Liquefied Natural Gas,LNG, import from Nigeria. The US import of the product dropped from 20.3 million cubic feet in June 2007 to zero as of February 2016.

The U.S. LNG import started reducing since 2008 when it fell to an average of 3.1 million cubic feet.

The development took a turn for the worse in 2011 when Washington imported only 2.3 million cubic feet before falling totally to zero level.

The U.S. Energy Information Administration (EIA), which made this disclosure in a statement, said it now gets majority of LNG from Mexico, Canada and Trinidad.

The EIA said that its natural gas net imports fell to 2.6 billion cubic feet per day (Bcfpd) in 2015, continuing a decline that began in 2007, when net imports of natural gas exceeded 10 Bcfpd.

According to EIA, while both U.S. natural gas consumption and production have increased in recent years, natural gas production has grown slightly faster, resulting in a decline in net imports. Increasing domestic production of natural gas has reduced U.S. reliance on imported natural gas and kept U.S. natural gas prices relatively low.

It stated: “Most U.S. imports of natural gas come by pipeline from Canada. A small and declining amount of imported liquefied natural gas (LNG) comes mainly from Trinidad.

“Most U.S. exports of natural gas are sent by pipeline to Mexico and Canada. The United States also exported LNG and compressed natural gas to several countries, but these volumes were relatively minimal in 2015.